Publication Date:
07
April
2008

DOI: http://dx.doi.org/10.5089/9781589066380.084

ISBN: 9781589066380

The rapid increase in international trade and financial integration over the past decade and the growing importance of emerging markets in world trade and GDP have inspired the IMF to place stronger emphasis on mul...

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
07
April
2008

ISBN: 9781589066380

The rapid increase in international trade and financial integration over the past decade and the growing importance of emerging markets in world trade and GDP have inspired the IMF to place stronger emphasis on mul...

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
07
April
2008

ISBN: 9781589066380

The rapid increase in international trade and financial integration over the past decade and the growing importance of emerging markets in world trade and GDP have inspired the IMF to place stronger emphasis on mul...

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
07
April
2008

ISBN: 9781589066380

Exchange rate surveillance has always been at the core of the IMF’s responsibilities. Throughout its existence, the Fund has striven to strengthen its framework for assessing exchange rates, adapting it to u...

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
07
April
2008

ISBN: 9781589066380

The macroeconomic balance approach to exchange rate assessments consists of three steps. First, an equilibrium relationship between current account balances and a set of fundamentals is estimated with panel...

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
07
April
2008

ISBN: 9781589066380

This paper has presented three alternative methodologies to help gauge the consistency of current account balances and real effective exchange rates with their underlying fundamentals. While assessments of e...